Who owns Macraes mine?
Table of Contents
OceanaGold
Macraes is an open pit and underground gold mine located on the South Island of New Zealand. It is the largest gold-producing operation in the country. The mine began production in 1990 and has produced more than five million ounces of gold to date. It is presently owned and operated by OceanaGold.
Can you visit Macraes mine?
Just after Ranfurly you can choose to travel via Dunback, or via Middlemarch through the Rock and Pillar Range. The gold mining town of Macraes Flat is accessible from either route.
How big is the Macraes gold mine?

Our Macraes Operation on the South Island of New Zealand is the country’s largest active gold producing mine, having produced over five million ounces of gold since 1990….Macraes Operation.
Quick Facts | |
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Type | Underground and open pit |
Inferred Resources | 0.78 Moz |
Estimated mine life | ~8 years |
How much gold was found in the Otago gold rush?
On 15 August 1862 they deposited 1,000 oz of gold at Dunedin and claimed the reward for the discovery of a new field. As soon as it was known that this bonanza had been found on the Dunstan (near present-day Cromwell), many diggers rushed there from Tuapeka; and by 5 September there were 3,000 men on the new field.

Is macraes road sealed?
Although the main roads to Macraes are sealed there are a number of gravel roads in the area (including Ramrock Rd and Danseys Pass). Public toilets are available on Hyde Street. Macraes is an easy daytrip from Dunedin.
Can you find gold in New Zealand?
New Zealand has three main goldfields and each has its own geology. In Otago (and Marlborough) gold is found in quartz veins in schist and in river gravels which have weathered from schist.
Are there any gold mines in New Zealand?
The principal New Zealand goldfields were Coromandel, Nelson/Marlborough, Central Otago and West Coast. The two main types of gold mine were: ‘hard rock’ quartz mines, and. alluvial mining which included panning and cradling, sluicing and dredging.
Is there still gold in Otago?
There are 19 areas in the South Island that have been set aside for gold fossicking and gold panning in Nelson-Marlborough, the West Coast and South and Central Otago. These areas are open for recreational gold fossicking without the need for a permit.
Who started the Otago Gold rush?
Gabriel Read
The Otago Gold rush began in 1861 when Gabriel Read discovered gold at Gabriel’s Gully (near Lawrence on the way to Dunedin). Working with a pan and butcher’s knife, he collected 7 ounces of gold over a ten hour period.
Where can I find gold in Otago?
In 1864, the Otago Gold rush was at its peak An estimated 40,000 diggers worked claims from Kyeburn to the Kawarau. Among many new towns were Hogburn (Naseby), Blacks (Ophir) and Oturehua where many relics of the gold days can still be found today.